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Medical Office Building
For Sale
$275,000

500 N Martin Luther King Street, Natchez, MS 39120

Commercial Sale, Natchez, MS

Property Size4,583 SF
Lot Size0.70 Acres
Price / SF$60
Days on Market277

Property Features for 500 N Martin Luther King Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Downtown Ntz
Standard status Active
APN 000800010014
Size 4,583 SF
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description B&L#500DR M L King 41-111D-43
Tax Annual Amount 3610
Legal Description B&L#500DR M L King 41-111D-43

Building Details

Year built 1978
Listing Agency: Paul Green & Associates Realtors
Listed By: Christy Biddle · License #S48924
Added: Dec 4, 2025 Changed: Aug 26 Last Checked: Sep 7 at 10:06PM
MLS# 4133294

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1978, this 4,583-square-foot medical office building occupies 0.7 acres in Natchez. The interior includes a substantial reception and waiting area, multiple patient rooms, offices, and restrooms arranged throughout the building. The existing configuration provides distinct areas within the property for medical practices and related professional users.

The property is located at 500 N Martin Luther King Street in Natchez, Mississippi, and is zoned B-1 within a neighborhood business district. Its established layout and commercial zoning provide a defined framework for continued office or medical use, subject to applicable requirements.

Key Highlights

  • 4,583‑square‑foot building on 0.7 acres
  • Built in 1978
  • Reception and waiting area

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby
Under-served
Demand for This Use

Demographics for 39120, MS

29,634
Population
14,963
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
83%
High-School Grad
484.2 sq mi
ZIP Area
61
Density / Sq Mi
$40,586
Median Household Income
$33,334
Median Earnings
$720
Median Rent
$106,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - B-1 neighborhood business zoning supports a multi-room layout with reception, offices, restrooms, and patient areas.
Where is this medical office space located?
The property is located at 500 N Martin Luther King Street Natchez, MS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4,583‑square‑foot building on 0.7 acres; Built in 1978; Reception and waiting area
More about this property
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